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LUXINNOVATIONThe National Agency for Innovation and Research
Frédéric Becker 20 June 2013
ICT Spring 2013
Table of Contents
1. Presenting of Luxinnovation1. Overview
2. Luxinnovation Services
3. Start-up Support Services
4. 1,2,3,GO Business Plan Contest
5. Seed4Start
6. Incubation
2. Public Aid Measures1. Overview
2. General Eligibility for Aid
3. R&D
4. Innovation in Processes and Services
5. Aid for Young Innovative Enterprises
1.1 Luxinnovation – Overview
Luxinnovation is the national agency for innovation and research in Luxembourg. By working closely with enterprises and research organizations as well as with the authorities in charge of innovation and research related policy, Luxinnovation is at the heart of the national innovation and research ecosystem
Our ObjectivesIncrease research and innovation capacities in LuxembourgFoster cooperation between companies and research organizationsPromote the dynamic development of research and innovation activities
Strong PartnershipMinistry of Economy and Foreign TradeMinistry of Higher Education and ResearchMinistry of Small and Medium BusinessesChamber of CommerceChamber of Skilled CraftsBusiness Federation Luxembourg (FEDIL)
1.2 Luxinnovation - Services
Information & guidance on suitable
funding mechanisms
Assistance with the
preparation of
applications & support for public decision-makers
ACCES TO NATIONAL & EUROPEAN
FUNDING
START-UP SUPPORT SERVICES
INNOVATION MANAGE-
MENT, DESIGN, CREATIVITY
TECHNOLOGY TRANSFER &
PARTNER SEARCH
INTELLECTUAL PROPERTY &
VALORISATION OF RESEARCH
RESULTS
LUXEMBOURG CLUSTER
INITIATIVE
PROMOTION OF RESEARCH & INNOVATION
“MADE IN LUXEMBOURG”
Analysis of the
underlying idea and business
plan, access to national
business incubators
Finding of partners,
sourcing of financial support
Comprehen-sive training programmes
Luxembourg Innovation
Master Class
Promotion of design &
creativity in support of innovation
Access to the Technology Market of
the Enterprise
Europe Network
Identification of
potential partners &
contract initiation
Awareness-raising
activities and
guidance on intellectual
property
Coaching for the socio-economic
valorisation of research
results
Animation of the
BioHealth, EcoInnovati
on, ICT, Materials and Space
clusters
Support for project
construction in view of
PPP
Events
Communica-tion tools
Luxembourg Portal for
Innovation and
Research
Focus on Research
and Innovation
in Luxembourg
1.3 Luxinnovation - Start-up Support Services
Tailor-made support and follow-upApproximately 150 business ideas, 30 – 35 new companies incorporated annually
Pre-IncorporationAdvice in launching activities in LuxembourgAssistance in transitioning from innovative ideas to viable business modelsSupport for business planning (in collaboration with 1,2,3,GO)
IncorporationSupport during the company set-up process (in collaboration with Chamber of Commerce & Chamber of Trade)Help in finding incubation possibilities (Technoport, Ecostart)
Post-IncorporationPartner searchApplication support for public funding schemes (of the Ministry of Economy and Foreign Trade, Ministry for Small and Medium Businesses)Guidance in finding access to private funding Matchmaking with relevant partners (research centres, industry, technology partners)
AdditionalLink to other Luxinnovation services and departments
1.4 1,2,3,GO Business Plan Contest
1,2,3,GO is an interregional network Luxinnovation is the contact point in
Luxembourg as well as a founding member of the contest
More than 350 coaches in the network Entrepreneurs, experienced
professionals All functions and activity
domains (industry, energy, biotech, medicine, environment)
Support business plan development
The winner receives a monetary prize for the best business plan as well as media coverage
Lorraine
(France)
Wallonia
(Belgium)
Grand Duchy ofLuxembourg
Rhineland Palatinate (Germany)
Saar
(Germany)
1.5 Seed4Start – Investment forum
EntrepreneursEntrepreneurs InvestorsInvestors
Personal assistance to help raise
money (training, coaching,
conferences)
Personal assistance to help raise
money (training, coaching,
conferences)
Selection of the best start-ups in
the region
Selection of the best start-ups in
the region
PITCHING DAY 2013 –12 & 13 Dec PITCHING DAY 2013 –12 & 13 Dec
www.seed4start.org
Information Breakfast on July 8th at 8h30 at the Chamber of Commerce
1.6 Incubation - Technoport & Ecostart
Technoport S.A.Founded in 2012Currently manages two facilities:
Ecostart (Foetz) Technoport (Belval)
Ecostart (Foetz)Consists of 2 buildings in Foetz (with a 3rd opening in 2014)Offices and industrial surfaces
Technoport (Belval)Located in Belval, the “city of sciences”Office space, Fablab, co-working space
Admission CriteriaInnovative activityViable Business plan
Technoport is also a venue for events as «Start-up weekend» and «Apps foundry contest».
2.1 Application Support for Public Aid
Law of 5 June 2009 relating to the promotion of research, development, and innovation in Luxembourg
Who do these aids concern?Enterprises established in Luxembourg are eligibleHowever restrictions exists based on size and other criteria
Various aid schemes exist, however the following 3 will be addressed in this presentationR&D projects or programmes (1)Innovation in processes and services (2)Aid for young innovative enterprises (3)
2.2 General Eligibility Criteria
Each Project will be evaluated on an individual basis. The following criteria are the most important as to the eligibility for the various aid schemes offered by Luxinnovation
Innovative nature of the project
Ability to (1) fund the project, (2) provide required cash flow, (3) make use of the project results
Return on investment of the project in case of success
Incentive effect of the aid scheme
2.4 R&D Projects or Programmes (1/2)
Evaluation CriteriaInnovative nature of the projectTechnological risks (not commercial risks) proving the R&D nature of the projectEconomic potential (except for fundamental research)Enterprise’s financial capacity in relation to project size
To finance what?The eligible costs must be directly associated with the R&D project or programme
How much aid?The allowed maximum aid intensity varies according to:
The type of R&D in question (experimental development, industrial research)
The size of the company (SME, large enterprise) Research collaboration
2.5 R&D Projects or Programmes (2/2)
Small Enterprise
Medium Enterprise
Large Enterprise
Experimental Development
45% 35% 25%
Industrial Research
70% 60% 50%
Bonus for Collaboration
+15% +15% +15%
The following details the % of eligible costs that can be covered depending on the size of the enterprise in question:
Two Types of R&DExperimental DevelopmentActivities aimed at developing new, modified, or improved products, processes, or services (including the creation of prototypes)
Industrial ResearchResearch aimed at acquiring new knowledge which is not yet commercially exploitable
2.6 Innovation in Processes and Services
What does this consist of?
Organisational innovation: Implementation of a new organisational method in the company’s business practices, workplace organisation or external relations. Process innovation: Implementation of a new or significantly improved production or delivery method.
To finance what?The eligible costs are the same as for the R&D projects or programmes, i.e. costs directly associated with the technical feasibility study
How much does this aid amount to?The allowed maximum aid intensity varies according to the size of the firm
Small Enterprise: 35% Medium Enterprise: 25% Large Enterprise: 15%
2.7 Aid for Young Innovative Enterprises (1/2)
Who does this apply to?
Small enterprises, established in Luxemburg and created less than 6 years ago which have high growth potential, during their development phase, and who satisfy one of the following conditions:
That they will, in the foreseeable future, develop new products, processes or services which carry a significant risk of technical or industrial failure
OR
That at least 15% of their operating expenses have been used for R&D in at least one of the 3 years preceding the granting of the aid or over the current year
2.8 Aid for Young Innovative Enterprises (2/2)
To fund what?This aid aims to cover the funding needs of young innovative enterprises. The aid is particularly suitable for:
Supporting the enterprise's commercial development Setting up its infrastructure
How much?The aid cannot exceed 1 million Euros The aid can only be awarded once
Please note: The three examples provided are not exhaustive; numerous other schemes exist to promote research, development and innovation in Luxembourg
Thank YouFrédéric Becker
Preparing Companies in Luxembourg for the
Opportunities of Tomorrow
